Rubicon Organics Inc. (OTCMKTS:ROMJF) Sees Large Increase in Short Interest

Rubicon Organics Inc. (OTCMKTS:ROMJFGet Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 45,800 shares, a growth of 36.3% from the May 15th total of 33,600 shares. Based on an average daily volume of 31,100 shares, the short-interest ratio is currently 1.5 days.

Rubicon Organics Stock Performance

Rubicon Organics stock opened at $0.30 on Tuesday. Rubicon Organics has a 1-year low of $0.21 and a 1-year high of $0.42. The firm’s fifty day simple moving average is $0.33 and its 200-day simple moving average is $0.31.

About Rubicon Organics

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Rubicon Organics Inc, together with its subsidiaries, engages in the production, processing, and sale of organic cannabis for the recreational and medical-use markets in Canada. It offers cannabis products in jar, bag, pre-rolls, edible, poutine sauce mix, milled flower, relief stick, cool stick, and oil.

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